Nordic Capital

Nordic Capital aims to drive transformative growth in its portfolio companies through deep sector knowledge and operational capabilities. Their vision is to continue developing market-leading businesses, be the preferred partner for motivated business owners and management teams, attract top talent, and contribute positively to society. They emphasize a selective investment approach, focusing on companies with high growth potential and avoiding reliance on external economic factors. Value creation is driven primarily by sales growth, supported by a strong operational framework. Their approach involves close collaboration with portfolio companies, offering strategic guidance and structured support through various phases of growth.
Nordic Consumer Health
Venture capital firm investing in high-growth technology companies.
Norrsken Accelerate
Norrsken invests in founders building solutions to global systemic challenges, emphasizing scalable impact alongside financial returns. The organization operates multiple independent funds with tailored geographical and stage focuses, fostering a global community of innovators aligned with sustainability and social progress.
Norrsken Evolve

Norrsken Evolve is a pre-seed fund focused on supporting early-stage founders in Europe who are building resilient and sustainable solutions to address critical global challenges. The firm aims to turn crisis into opportunity by investing in companies redefining industries like energy, manufacturing, transportation, construction, food production, healthcare, information security, and democratic safeguards. They believe Europe has the science, innovation, talent, and investor demand to foster the next wave of global technology leaders. They target founders who understand the severity of current challenges and are determined to create a positive impact on the world. Norrsken Evolve provides capital, a world-class in-person program, and a strong network to accelerate the growth of its portfolio companies. The firm emphasizes that economies, industries, and ways of living must evolve in the face of unprecedented risks, and the founders they back will lead this evolution. They seek visionary entrepreneurs capable of building companies that can positively impact 1 billion lives across the globe and have the potential to grow into impact unicorns. Their investment strategy focuses on pre-seed stage companies with the potential to revolutionize various sectors and address environmental, social, and governance (ESG) concerns. They are looking for companies that will redefine how we generate energy, rebuild manufacturing, move goods, construct buildings, produce food, treat our sick, secure our information, protect democracy, and safeguard our societies from climate disruption. Norrsken Evolve aims to lead the evolution necessary for Europe to step up and address the challenges the continent is facing. They invest in founders with a focus on building a resilient and sustainable future for Europe, providing them with the necessary resources and support to achieve their goals and make a significant positive impact on the world.
Norrsken Foundation

Norrsken Foundation is a non-profit organization dedicated to fostering entrepreneurship and leveraging technology for positive global change. They operate on the belief that entrepreneurs and technology are powerful forces capable of addressing some of the world's most pressing issues. Their approach involves building an ecosystem where founders can access the resources they need to build businesses focused on solving significant challenges. They are creating hubs, or 'Houses', in various locations around the world like Stockholm, Kigali, Brussels, Barcelona, and Amsterdam to support these founders and investors. Norrsken aims to support and cultivate companies that can have a meaningful and positive impact. They are focused on companies that are addressing global challenges like climate change and poverty. They also appear to be concerned with the mental health and wellbeing of people, as mentioned on the homepage. The foundation seeks to create a network effect where founders can connect with investors and other support systems to help scale their businesses, and is dedicated to the concept of impact investing that prioritizes creating positive impact alongside financial returns. Their commitment to impact is evident in their 'Impact 100' initiative, although the specifics are not detailed. They also actively support a number of portfolio companies within their network. They aim to create a model that can be emulated, highlighting Sweden as an example of successful impact investing. Ultimately, they hope to support entrepreneurs building scalable businesses to solve the world's most pressing problems. Norrsken acknowledges the challenges of balancing growth with sustainability and addressing issues such as addiction, obesity, and mental health. They aim to support and promote entrepreneurs that can create solutions to these pressing societal issues, thereby contributing to a more sustainable and equitable future. The foundation's ultimate goal is to create an ecosystem where businesses can thrive while simultaneously addressing some of the world's most significant problems.
Palmstierna Invest
Venture capital firm investing in high-growth technology companies.
Partnerinvest Norr

Partnerinvest Norr is a venture capital firm focused on investing in small and medium-sized growth companies with strong entrepreneurial teams in the Norrbotten and Västerbotten regions of northern Sweden. They invest across industries as long as the business model is scalable, preferably with international potential. The firm aims to contribute to regional growth by providing capital and active ownership, working in collaboration with other investors. Their investment horizon is 3-7 years, with potential exit strategies including industrial sales, secondary sales to new investors, or buyouts by the founders. Partnerinvest Norr operates funds financed with structural funds from the EU, co-financed by Norrlandsfonden, Region Norrbotten and Region Västerbotten. The first fund closed in Autumn 2023, fund two is in the management phase, and fund three is actively making new investments. They seek driven entrepreneurs with scalable ideas and a clear national or international market potential, based in Norrbotten or Västerbotten. The firm provides financial capacity to support companies in several stages of their development, with initial investments typically ranging from 1-3 million SEK, and up to 10 million SEK in total. They contribute not only capital but also active ownership and board work, without becoming the majority shareholder. Partnerinvest Norr aims to be a partner for entrepreneurs, offering access to their extensive regional network and experience. Partnerinvest Norr actively looks for co-investors to join them in backing companies in Northern Sweden. Their name suggests their focus; they search for investment oppurtunities that will return good revenue. These other investors are private, such as other venture capital firms or angel investors.
Pente Capital

Pente Capital operates as a venture studio, investing in and accelerating businesses that promise a better future. They focus on building and investing in brands inspired by creating a kinder and more sustainable world, where design is central to quality. They aim to support entrepreneurs with big ideas, helping them build strong, distinctive brands that move the world forward. Their vision is of a world where life's luxuries are redefined, emphasizing happiness, inner peace, health, and kindness. They seek to partner with creative agents of positive and aesthetically appealing change. The firm is particularly interested in businesses that are redefining life's luxuries as design being the central determinator of quality, showcasing a commitment to innovation and aesthetics. They aim to catalyze change with radical, empathetic visions for a sustainable future, indicating a focus on companies that address environmental and social challenges. Overall, Pente invests in entrepreneurs and operators who aim to build great businesses and is interested in a new generation of businesses building a kinder and more sustainable world.
Philian Invest
Venture capital firm investing in high-growth technology companies.
Polar Structure

Polar Structure is a purpose-driven investor and company founder focused on developing and owning infrastructure for a sustainable future. They aim to be the partner of choice in shaping the future of global infrastructure by addressing the need for major investments in energy-efficient and sustainable infrastructure. Their approach involves building long-term collaborations between private actors and public entities (government, municipalities, and regions). They select investments based on their value-add and potential to enable the transition to a sustainable society. They offer "Infrastructure-as-a-Service," providing the know-how, competence, and capital needed to develop, manage, and finance necessary infrastructure investments. They address challenges like the lack of railway system maintenance and electricity grid power and distribution problems. Their investment approach is holistic, prioritizing projects that strengthen resilience, build more efficient transport systems, and enhance economic competitiveness. They invest in both new companies that develop and own resilient and sustainable infrastructure and in deep technology companies with expertise that accelerates infrastructure development. They have a responsible and evergreen ownership structure enabling the transition for both private and public sectors. Digital solutions and connectivity are strongly emphasized to drive resource efficiency and impact throughout the portfolio, addressing the infrastructure sector's historically low digitalization levels. Polar Structure differentiates itself by combining innovation and entrepreneurship with a long-term and responsible ownership model. They are willing to take on early-stage development risk at scale and focus on rapid execution, supported by their Centre of Excellence, which provides centralized best-practice sharing and business development across the portfolio. They emphasize building relationships with politicians and decision-makers at local, regional, and national levels to understand and address the challenges of transformational change, and they also partner with fast-moving corporates and suppliers in the infrastructure sector. Ultimately, Polar Structure aims to contribute to transforming cities and communities by investing holistically in infrastructure from ports to end customers or connected cities, to make them sustainable and more efficient. They actively initiate the development of new infrastructure assets through partnerships with both private and public stakeholders.
Prima Materia

Prima Materia is a European company focused on building and developing new companies for the long term. They are not investors in the traditional sense but rather builders and active owners, partnering with exceptional people to create companies that leverage technology to solve meaningful problems for society. Their approach is characterized by a small number of companies and a long-term commitment to building great businesses. The firm's strategy revolves around identifying areas where technology can drive progress and addressing significant societal needs. They seem to prefer being deeply involved in the companies they back, acting more as co-creators and active participants in the building process rather than passive investors. Based on their portfolio activity, they seem particularly interested in companies operating within defense technology and healthcare, applying advanced technologies like AI to improve existing systems. Their involvement in these ventures ranges from initial funding to strategic guidance and active participation in shaping the companies' direction.
Proventus Capital Partners
Proventus focuses on investing in companies undergoing transformation or facing challenges, with a historical emphasis on revitalizing established brands in the sports and consumer goods sectors.
RECAPEX

RECAPEX operates as a partner to owners and management of companies aiming to capitalize on opportunities created by the rapidly evolving digital landscape. Their core focus is on bridging the gap between international technology companies and the Nordic market, as well as scaling up Nordic ventures. They position themselves as "digital nerds" with a passion for digital change and technological advancements, while maintaining a strong foundation in metrics and financials. RECAPEX aims to ensure that Nordic citizens have access to a world-class ecosystem of digital products and services, promoting a more efficient, sustainable, and fulfilling life. Their strategy involves several key service areas. Firstly, they assist international technology companies in expanding into the Nordic region, leveraging the region's tech-savviness. Secondly, they help Nordic ventures scale their operations. Thirdly, RECAPEX provides digital strategy consulting to established companies, enabling them to leverage digital and technology-driven initiatives. They also emphasize knowledge sharing, highlighting the benefits of the Nordic region for international businesses. RECAPEX's approach is deeply rooted in their experience in the Nordic market. They have been involved in establishing various offerings, with a significant focus on technology, and have experience representing incumbents, entrepreneurs, and international technology players. This positions them as having a comprehensive understanding of the Nordic business ecosystem and its challenges. The firm seems to function primarily as consultants and advisors, though investments are alluded to.
Ramsbury Invest
Venture capital firm investing in high-growth technology companies.
Reeda Capital Family Office
Venture capital firm investing in high-growth technology companies.
S-E-Bankens Utvecklingsstiftelse
Venture capital firm investing in high-growth technology companies.
S.A.B Corporate Finance
Venture capital firm investing in high-growth technology companies.
SEB Investment Management AB
Venture capital firm investing in high-growth technology companies.
SEB Venture Capital

SEB Venture Capital, as part of the broader Skandinaviska Enskilda Banken (SEB) group, aims to positively shape the future by providing responsible advice and capital. Rooted in a history dating back to 1856, with a DNA of innovation, entrepreneurship, and an international perspective, SEB focuses on enabling people and businesses to realize their ideas. They are committed to accelerating the transition towards a sustainable future for individuals, businesses, and society and strive to be a leading catalyst in the sustainability transition, aligning their strategy with the Paris Agreement and the UN Sustainable Development Goals. SEB supports its customers, which range from private individuals to large corporations and financial institutions, in their transitions and contributes to the development of the communities in which they operate. The firm's investment approach is deeply integrated with SEB’s role in society and the economy, supporting their customers through various phases of their lives and development stages of companies and institutions. Their commitment to trust and maintaining high standards of business conduct are of utmost importance. SEB's corporate governance framework includes clearly defined roles and responsibilities to manage and control business operations effectively. The firm leverages its presence in home markets such as Denmark, Finland, Norway, and Sweden, as well as an international network spanning Brazil, China, India, and the US, to support customers doing business around the world. SEB is also part of the Wallenberg ecosystem, which has a long tradition of supporting people and companies and helping drive development. They focus on providing a broad range of financial services, especially to corporates and institutions in their home markets. The Annual General Meeting (AGM) serves as the highest decision-making body, where shareholders exercise their influence. The Nomination Committee is responsible for preparing and presenting proposals for the Board, auditors, and related remuneration. Through its various divisions, including Large Corporates & Financial Institutions, Corporate & Private Customers, Baltic, Life and Asset Management, SEB aims to add value across different customer segments and stages of development.
SEB-Stiftelsen
Venture capital firm investing in high-growth technology companies.
SEB’s Development Foundation
Venture capital firm investing in high-growth technology companies.
STING

STING is Sweden's leading startup accelerator, focused on helping early-stage startups achieve success faster. They provide strategic support, coaching, investor access, and a strong network to accelerate growth. STING's approach involves tailored coaching programs, access to a network of angels and investors, and the potential for investment, specifically targeting startups with ambitious goals. They actively support the transformation of climate innovators into growth companies through projects like Sting Climate Action, co-funded by the EU/ERDF, and foster innovation in healthcare via the Circle of Life Science project, collaborating with institutions such as Karolinska University Hospital to promote patient-centered care. STING also provides access to industry experts with real-world experience in sectors like ClimateTech, DeepTech, Health, and SaaS, aiding startups in refining their go-to-market strategies and navigating regulatory challenges.
STOAF III SciTech

STOAF III SciTech is a venture finance and competence house powered by business angels, investing in advanced technology and future fast-growing B2B companies with global market potential that create new industries and make a difference in the world. The firm focuses on B2B start-ups with strong technologies. Their methodology is based on research into Best Market Practices in Silicon Valley and aims to get a better accuracy in predicting start-up developments as well as designing investment conditions aiming at achieving a successful reach of value inflection points. After financing, their methods in Venture Management and Exit Optimization are applied. All competence partners are trained internally. They offer co-investment rights to their LPs, allowing them to differentiate their portfolios and weight their investments according to their preferences. STOAF leverages a business angel network and certified business angels to augment their investment process and provide support to portfolio companies. This combined approach enables STOAF to bring deep domain expertise and experience to the table. Stoaf has published methodological books which present the methodological findings (by Stoaf co-founder and General Partner, Associate Prof. Lennart Ohlsson).
STOAF SciTech
Venture capital firm investing in high-growth technology companies.